Harish Textile Engineers Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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    "name": "Harish Textile",
    "stock_name": "Harish Textile",
    "full_name": "Harish Textile Engineers Ltd",
    "name_url": "stocks-analysis/harish-textile",
    "exchange": 0,
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    "country_id": 34,
    "currency": "INR",
    "cmp": "62.75",
    "chg": -0.7,
    "chgp": "-1.1%",
    "dir": -1,
    "prev_price": "63.45",
    "mcapval": "20.93 Cr",
    "mcap": "Micro Cap",
    "scripcode": 542682,
    "symbol": "",
    "ind_name": "Industrial Manufacturing",
    "ind_code": 64,
    "indexname": "",
    "isin": "INE01K301012",
    "curr_date": "Feb 03",
    "curr_time": "",
    "bse_nse_vol": 245,
    "exc_status": "Active",
    "traded_date": "Feb 03, 2026",
    "traded_date_str": "2026 02 03",
    "score": "",
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  "news": {
    "results": [
      {
        "title": "Is Harish Textile overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-harish-textile-overvalued-or-undervalued-3745742",
        "imagepath": "",
        "date": "2025-12-04 08:51:13",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Valuation Metrics Indicate Undervaluation</strong></p>\n<p>Harish Textile’s price-to-earnings (PE) ratio stands at a modest 6.55, significantly lower than many of its industry peers. This low PE ratio implies that the market is pricing the company’s earnings conservatively, potentially overlooking its intrinsic value. The price-to-book (P/B) ratio of 1.96 further supports this view, indicating the stock is trading at less than twice its net asset value, which is reasonable for a company with strong returns on equity.</p>\n<p>Enterprise value multiples also reinforce the undervaluation thesis. The EV to EBIT ratio of 6.56 and EV to EBITDA ratio of 5.40 are notably lower than those of comparable firms, many of which trade at multiples several times higher. This suggests that Harish Textile’s ope..."
      },
      {
        "title": "Harish Textile Engineers Valuation Shifts Highlight Price Attractiveness Amid Market Dynamics",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/harish-textile-engineers-valuation-turns-very-attractive-amid-mixed-returns-3745194",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HarishTextileEn_valuationdot_3745194.png",
        "date": "2025-12-04 08:01:48",
        "description": "Harish Textile Engineers has experienced a notable shift in its valuation parameters, reflecting a change in market assessment that positions the stock as highly attractive relative to its industrial manufacturing peers. This article analyses the recent adjustments in key financial metrics such as price-to-earnings (P/E) and price-to-book value (P/BV) ratios, comparing them with historical trends and sector benchmarks to provide a comprehensive view of the stock’s current price attractiveness."
      },
      {
        "title": "Why is Harish Textile falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-harish-textile-fallingrising-3734398",
        "imagepath": "",
        "date": "2025-11-28 00:43:59",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Performance and Market Context</strong></p>\n<p>Harish Textile's stock has outperformed its sector and benchmark indices in the short term. Over the past week, the share price gained 3.28%, significantly ahead of the Sensex's modest 0.10% rise. The momentum has been sustained over the last month, with an 11.67% increase compared to the Sensex's 1.11%. This recent rally follows two consecutive days of gains, during which the stock appreciated by 5.35%. Intraday trading on 27-Nov saw the stock touch a high of ₹67.98, marking a 4.68% increase from the previous close, although it also experienced a low of ₹63.17 earlier in the session.</p>\n<p>Technically, the stock is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling..."
      },
      {
        "title": "Harish Textile Engineers Valuation Metrics Reflect Shift in Market Assessment",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/harish-textile-engineers-valuation-shifts-signal-renewed-price-attractiveness-amid-mixed-returns-3727303",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HarishTextileEn_valuationdot_3727303.png",
        "date": "2025-11-25 08:00:53",
        "description": "Harish Textile Engineers, a key player in the industrial manufacturing sector, has experienced a notable revision in its valuation parameters, signalling a shift in market assessment. The company’s price-to-earnings (P/E) ratio and price-to-book value (P/BV) metrics now indicate a more attractive pricing environment relative to its historical and peer benchmarks, prompting renewed investor attention amid mixed returns over recent periods."
      },
      {
        "title": "Harish Textile Engineers Reports Very Positive Quarterly Financial Trend Amid Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/harish-textile-engineers-reports-very-positive-financial-trend-amidst-market-challenges-3715256",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HarishTextileEn_fintrenddot_3715256.png",
        "date": "2025-11-19 12:00:10",
        "description": "Harish Textile Engineers, a key player in the Industrial Manufacturing sector, has exhibited a very positive shift in its financial trend for the quarter ending September 2025. This adjustment in evaluation reflects notable quarterly performance metrics, contrasting with its historical trend and broader market movements."
      },
      {
        "title": "Harish Textile Engineers Q2 FY26: Profitability Returns Amid Mounting Debt Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/harish-textile-engineers-q2-fy26-profitability-returns-amid-mounting-debt-concerns-3721674",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HarishTextileEn_quaterlyResult_3721674.png",
        "date": "2025-11-19 10:54:22",
        "description": "Harish Textile Engineers Limited, a micro-cap textile machinery manufacturer with a market capitalisation of ₹21.00 crores, has returned to profitability in recent quarters after years of losses, but the company's heavy debt burden and deteriorating stock performance raise serious concerns about sustainability. Trading at ₹61.05 as of November 19, 2025, the stock has plummeted 33.06% over the past year, significantly underperforming both the Sensex (+9.26%) and its Industrial Manufacturing sector peers (-4.31%)."
      },
      {
        "title": "Is Harish Textile overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-harish-textile-overvalued-or-undervalued-3713752",
        "imagepath": "",
        "date": "2025-11-19 08:12:34",
        "description": "As of 18 November 2025, Harish Textile's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, supported by a PE ratio of 6.32, an EV to EBITDA of 5.33, and a PEG ratio of 0.02, which suggests that the stock is trading at a low price relative to its earnings growth potential.\n\nIn comparison to its peers, Harish Textile stands out with a much lower PE ratio than LMW, which is very expensive at 135.11, and Bajaj Steel Industries, which has a PE of 19.29. Additionally, the EV to EBITDA ratio of 5.33 is significantly more favorable than that of Integra Engineering at 21.58. Despite a challenging year-to-date return of -25.18% compared to the Sensex's 8.36%, the long-term performance over three years shows a robust return of 65.44%, reinforcing the undervaluation narrative...."
      },
      {
        "title": "Is Harish Textile overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-harish-textile-overvalued-or-undervalued-3710207",
        "imagepath": "",
        "date": "2025-11-18 08:29:43",
        "description": "As of 17 November 2025, Harish Textile's valuation grade has moved from very attractive to attractive, indicating a shift in perception regarding its market value. The company is currently considered undervalued, with a PE ratio of 6.44, an EV to EBIT of 6.57, and an EV to EBITDA of 5.41. These figures suggest that the stock is trading at a significant discount compared to its earnings and cash flow potential.\n\nIn comparison to its peers, Harish Textile's valuation metrics stand out, particularly against LMW, which is deemed very expensive with a PE ratio of 139.43, and Bajaj Steel Industries, which is also attractive with a PE of 19.61. The PEG ratio for Harish Textile is notably low at 0.02, further supporting the undervaluation narrative. Despite a challenging year-to-date return of -23.74% compared to the Sensex's 8.72%, the long-term performance over five years shows a remarkable return of 393.51%, rei..."
      },
      {
        "title": "Harish Textile Engineers Adjusts Valuation Amid Competitive Industry Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/harish-textile-engineers-valuation-grade-downgraded-from-very-attractive-to-attractive-3710079",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HarishTextileEn_valuationdot_3710079.png",
        "date": "2025-11-18 08:03:30",
        "description": "Harish Textile Engineers, a microcap in industrial manufacturing, has adjusted its valuation, showing a P/E ratio of 6.44 and a low PEG ratio of 0.02, indicating potential undervaluation. With strong ROCE and ROE figures, the company presents an attractive option compared to higher-valued peers in the industry."
      }
    ],
    "total": 231,
    "sid": "1003145",
    "stock_news_url": "https://uat-researchintel.adityabirlamoney.com/news/harish-textile-engineers-1003145"
  },
  "announcements": [
    {
      "caption": "Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015",
      "datetime": "14-Jan-2026",
      "details": "Please find enclosed herewith intimation under regulation 30 of SEBI LODR for Notice received from Tax Department.",
      "source": "BSE"
    },
    {
      "caption": "Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015",
      "datetime": "13-Jan-2026",
      "details": "Please find enclosed herewith Intimation under Regulation 30.",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "13-Jan-2026",
      "details": "Please find attached herewith Compliance Report under Regulation 74(5) for quarter and nine months ended on 31st December 2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
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      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
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    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
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      "img": "bonus.svg",
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      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
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}

News and Views

Is Harish Textile overvalued or undervalued?

2025-12-04 08:51:13

Valuation Metrics Indicate Undervaluation Harish Textile’s price-to-earnings (PE) ratio stands at a modest 6.55, significantly lower than many of its industry peers. This low PE ratio implies that the market is pricing the company’s earnings conservatively, potentially overlooking its intrinsic value. The price-to-book (P/B) ratio of 1.96 further supports this view, indicating the stock is trading at less than twice its net asset value, which is reasonable for a company with strong returns on equity. Enterprise value multiples also reinforce the undervaluation thesis. The EV to EBIT ratio of 6.56 and EV to EBITDA ratio of 5.40 are notably lower than those of comparable firms, many of which trade at multiples several times higher. This suggests that Harish Textile’s ope...

Harish Textile Engineers Valuation Shifts Highlight Price Attractiveness Amid Market Dynamics

2025-12-04 08:01:48

Harish Textile Engineers has experienced a notable shift in its valuation parameters, reflecting a change in market assessment that positions the stock as highly attractive relative to its industrial manufacturing peers. This article analyses the recent adjustments in key financial metrics such as price-to-earnings (P/E) and price-to-book value (P/BV) ratios, comparing them with historical trends and sector benchmarks to provide a comprehensive view of the stock’s current price attractiveness.

Why is Harish Textile falling/rising?

2025-11-28 00:43:59

Recent Price Performance and Market Context Harish Textile's stock has outperformed its sector and benchmark indices in the short term. Over the past week, the share price gained 3.28%, significantly ahead of the Sensex's modest 0.10% rise. The momentum has been sustained over the last month, with an 11.67% increase compared to the Sensex's 1.11%. This recent rally follows two consecutive days of gains, during which the stock appreciated by 5.35%. Intraday trading on 27-Nov saw the stock touch a high of ₹67.98, marking a 4.68% increase from the previous close, although it also experienced a low of ₹63.17 earlier in the session. Technically, the stock is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling...

Harish Textile Engineers Valuation Metrics Reflect Shift in Market Assessment

2025-11-25 08:00:53

Harish Textile Engineers, a key player in the industrial manufacturing sector, has experienced a notable revision in its valuation parameters, signalling a shift in market assessment. The company’s price-to-earnings (P/E) ratio and price-to-book value (P/BV) metrics now indicate a more attractive pricing environment relative to its historical and peer benchmarks, prompting renewed investor attention amid mixed returns over recent periods.

Harish Textile Engineers Reports Very Positive Quarterly Financial Trend Amid Market Challenges

2025-11-19 12:00:10

Harish Textile Engineers, a key player in the Industrial Manufacturing sector, has exhibited a very positive shift in its financial trend for the quarter ending September 2025. This adjustment in evaluation reflects notable quarterly performance metrics, contrasting with its historical trend and broader market movements.

Harish Textile Engineers Q2 FY26: Profitability Returns Amid Mounting Debt Concerns

2025-11-19 10:54:22

Harish Textile Engineers Limited, a micro-cap textile machinery manufacturer with a market capitalisation of ₹21.00 crores, has returned to profitability in recent quarters after years of losses, but the company's heavy debt burden and deteriorating stock performance raise serious concerns about sustainability. Trading at ₹61.05 as of November 19, 2025, the stock has plummeted 33.06% over the past year, significantly underperforming both the Sensex (+9.26%) and its Industrial Manufacturing sector peers (-4.31%).

Is Harish Textile overvalued or undervalued?

2025-11-19 08:12:34

As of 18 November 2025, Harish Textile's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, supported by a PE ratio of 6.32, an EV to EBITDA of 5.33, and a PEG ratio of 0.02, which suggests that the stock is trading at a low price relative to its earnings growth potential. In comparison to its peers, Harish Textile stands out with a much lower PE ratio than LMW, which is very expensive at 135.11, and Bajaj Steel Industries, which has a PE of 19.29. Additionally, the EV to EBITDA ratio of 5.33 is significantly more favorable than that of Integra Engineering at 21.58. Despite a challenging year-to-date return of -25.18% compared to the Sensex's 8.36%, the long-term performance over three years shows a robust return of 65.44%, reinforcing the undervaluation narrative....

Is Harish Textile overvalued or undervalued?

2025-11-18 08:29:43

As of 17 November 2025, Harish Textile's valuation grade has moved from very attractive to attractive, indicating a shift in perception regarding its market value. The company is currently considered undervalued, with a PE ratio of 6.44, an EV to EBIT of 6.57, and an EV to EBITDA of 5.41. These figures suggest that the stock is trading at a significant discount compared to its earnings and cash flow potential. In comparison to its peers, Harish Textile's valuation metrics stand out, particularly against LMW, which is deemed very expensive with a PE ratio of 139.43, and Bajaj Steel Industries, which is also attractive with a PE of 19.61. The PEG ratio for Harish Textile is notably low at 0.02, further supporting the undervaluation narrative. Despite a challenging year-to-date return of -23.74% compared to the Sensex's 8.72%, the long-term performance over five years shows a remarkable return of 393.51%, rei...

Harish Textile Engineers Adjusts Valuation Amid Competitive Industry Landscape

2025-11-18 08:03:30

Harish Textile Engineers, a microcap in industrial manufacturing, has adjusted its valuation, showing a P/E ratio of 6.44 and a low PEG ratio of 0.02, indicating potential undervaluation. With strong ROCE and ROE figures, the company presents an attractive option compared to higher-valued peers in the industry.

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